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Summary

Over the past four decades the wealthiest OECD economies-in Europe, North America, and Australasia- have faced massive structural change. Industrial sectors, which were once considered the economic backbone of these societies, have shrunk inexorably in terms of size and economic significance, while service sectors have taken over as the primary engines of output and employment expansion. The impact on labor markets has been profound: in many OECD countries more than three-quarters of employment is now in services, while industrial sectors, on average, account for less than one-fifth. This sectoral shift in the locus of economic activity has potentially radical implications for politics and society. However, these implications are only beginning to be understood. This path-breaking book is a systematic attempt to understand the distinct political economy of service societies. It examines how different types of socio-economic regimes manage the service transition, with a central focus on job creation and destruction and the changing characteristics of labor markets, and shows that the economic, distributional, and political outcomes with which it is associated vary across countries depending on their political-institutional structures.

Table of Contents

1. Introduction: The Political Economy of the Post-Industrial Age, Anne WrenPart 1: Socio-Economic Regimes and the Service Transition 2. A Political-Institutional Model of Real Exchange Rates, Competitiveness, and the Division of Labor, Torben Iversen and David Soskice3. The Trilemma Revisited: Implications for Inequality and Employment Creation of the ICT Revolution and the Expansion of Service Trade, Anne Wren, Mate Fodor and Sotiria Theodoropoulou4. The Service Transition and Women's Employment, Moira Nelson and John Stephens5. Pathways of Change in Coordinated Market Economies: Training Regimes in Germany and the Netherlands, Karen M. Anderson and Anke Hassel6. A Tale of Two Trilemmas: Varieties of Higher Education and the Service Economy, Ben Ansell and Jane GingrichPart 2: Political Outcomes of Economic Change 7. De-Industrialization and the Expansion of the Welfare State: A Reassessment, Philip Manow, Kees Van Kersbergen, and Gijs Schumacher8. Service Expansion, International Exposure, and Political Preferences, Anne Wren and Philipp Rehm9. The Political Economy of Working Time and Redistribution, Lucy Barnes10. The Political Economy of Gender in Service Sector Economies, Torben Iversen and Frances Rosenbluth